Sounds like you would have lost money on this deal had you gone for it.This situation is common.

This is a common area for first time buyers to ask about and I am going to recommend against this....but in a good way.When we buy an investment property from a wholesaler....that property might be anywhere.  

Not to steal Elon’s thunder, but we just look for sharp, committed people with common sense and a burning desire to build a career in real estate private equity.We’re in Los Angeles.

Foundation is a common issue with San Antonio properties.

Is this a common thing among real estate agents?

In this zip code it is extremely common for a property on the same street let's say 3 bed 2 bath or 3 bed 1 bath to go for 140k while another house with the same specs and square feet will go for 200-300k. 

I feel like that's common enough to see why I'd want to hold off.

I would pay attention to the subject areas managed by professional competitors, what is their average rent and the curb appeal, storage plus anymore common facilities that they have and the benefits of then, in respect to financially.Who is this guy anyway? 

Termador is the best chemical to treat termites in accessible areas but again, you need a branch II pest control license for that.

@Jordan SantiagoThis is very common practice.